Insolvency Support for Accountants
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Services To
Insolvency Support for Banks
Banks will have the earliest indications of financial distress, such as if a business defaults on loan payments or is unable to manage its overdraft facility.
How We Work with Banks
Insolvency Expertise for your Customers
Help you Nurture Strong Client Relationships
No Conflict of Interest
In Partnership With Banks
Banks have the authority to appoint insolvency practitioners, with and without court orders, subject to following necessary protocols. Banks can also challenge directors’ decisions over a company appointed liquidator and instead appoint one of their own choosing.
Company Debt is able to work with banks and provide them with an objective and independent assessment of the company’s financial position, meeting with directors if appropriate and discussing their situation. This will assist the bank in gaining a full picture of the company’s present situation including what is owed to creditors and its future prospects.
We will advise on whether restructuring would be effective, if a trade sale could occur or if liquidation should be pursued. We are highly connected and work with M&A, valuation and legally qualified due diligence specialists. We will be able to advise on the most appropriate option for a business in financial distress, whether a full or partial sale, including identification of the most suitably buyers, administration or voluntary liquidation routes.
Banks are invited to contact Company Debt for an informal and confidential discussion.
Knowledge – Insight – Solutions
We are fully licensed and accredited insolvency practitioners based in north London, and with decades of combined partner experience in helping directors find positive solutions to business challenges.
Our goal is first to understand your situation as fully as we can, and then to explain the range of options available to you.
We focus on practical advice, without jargon. We practice total transparency around costs and fee structures. Our wish is to support you as fully as possible so that you can emerge from this situation in the best possible situation.
As a first step, simply book in a call with one of our team to learn more about our approach, and to take advantage of a fee consultation that carries no obligation.
